This is why I am supporting Bitcoin Cash.

This is why I am supporting Bitcoin Cash.

Posted ByContributor

Date30/12/2018

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When I first started, I wasn’t very attached to any cryptocurrency at all. This changed when I kept reading about the propaganda against Roger Ver, Bitmain, etc. This made me dig deeper and eventually when I learnt the truth, I started supporting Bitcoin Cash more and more. In fact, as the amount of lies and propaganda against Bitcoin Cash increases, the more personal time/effort/money I am pouring into this movement. As Elon Musk once said, “When something is important enough, you do it even if the odds are not in your favor.”

And what is so important about Bitcoin Cash? In order to answer that, we first need to understand the problem. For a start, governments had been taking money from its citizens through many ways. Think about this, first they take a cut of your income through income tax, then every goods/services/properties you buy includes another cut to them, and even when you die, they don’t let you go easy, there is inheritance tax. If that wasn’t enough for you, governments can also print money for themselves. This lead to inflation or hyperinflation, which means all the money citizens saved are worth lesser and lesser by the day, through no fault of their own. Governments also take away your right to do business, unless you give them some money, in which case you get back your rights to do business because now you’re licensed. They can do that because they control money, and when someone controls money, they can also control its populace. You may think you are free, but I assure you that you are not as free as you think. Some people had been inside the rat race from their birth to their death, without realizing they were trapped by the rigged system and never manage to escape from it at all.

The other problem is the financial systems. If you beat someone up on the street, you will be arrested and sent to prison. But if your company caused the financial crisis such as the one in 2009, bringing massive pain and suffering to millions of people, you are rewarded with billions of taxpayers’ money in the form of bailouts. And if bailouts are not bad enough, there are bail-in now where the banks can legally take away the customers money and there is nothing you can do about it. This has happened many times before and the recent ones, few years ago, include Cyprus banks taking 47.5% of depositors’ savings away and Greek banks raiding depositors’ money to avert collapse. Anyone who does not learn from history are bound to repeat them.

In fact, I think most people do not even realize that the money in their bank account does not legally belong to them. Those depositors money legally belong to the bank. This is why the banks can freeze your bank account at any time, for any reason, and there is nothing you can do about it.

Now that we know the problems, what are the solutions? The way I see it, the only solution is to choose not to play their game. This means not using their money, the money they control, and use something like Bitcoin Cash. What is Bitcoin Cash? It is decentralized permissionless peer to peer money for the entire world. Bitcoin Cash is money you control and not the banks and not the governments can ever take that away from you. You are in total control of your own money, for the first time in history. To me, it is also an insurance policy against government collapse, or hyperinflation, or another financial crisis. I have a choice to move to a new safe place and settle down with my family. That choice gives me a peace of mind knowing that my loved ones are well protected in the event of such financial crisis again.

And there is more. When you take away governments ability to print money, you also take away their power and control over its citizens. This means governments will not be able to print the money it needs to funds wars, to buy weapons to murder citizens of other countries, to pay the salary of its military to murder their own citizens. One recent event is the France “Yellow Vest” protest where their citizens got killed for protesting. And why are they protesting? You should read more here.

So you can’t even be angry at the government for destroying your livelihood, because you may end up getting hurt or killed by the same people your tax paying money went to. What if I told you now that we may have another choice? If governments need money and can’t print money, they would have to earn it through merits and hearts of its citizens. Would this be a better way of life for you and your children? If you live in a country where you felt oppressed, you may be in a better position to understand what I mean.

And that is a future I would like to fight for. If anyone wonders why I am so passionate about Bitcoin Cash, this is it. I would like to build an alternative economy where people can escape the rigged system and take part in a different economy, which I call the Bitcoin Cash or Cryptocurrency economy. If they can’t control the money, they cannot control us because we have the choice to not play their game, and that choice is what liberty and freedom stands for.